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Deccan Cements Ltd. — Capital/Financing Update 2026
May 14, 2026
61739_rns_2026-05-14_1a983e5a-1bc6-424b-9eb3-80ad4886d428.pdf
Capital/Financing Update
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DECCAN CEMENTS LIMITED
CIN : L26942TG1979PLC002500
REGD OFFICE : 6-3-666/B,
"DECCAN CHAMBERS", SOMAJIGUDA,
HYDERABAD - 500 082,
PHONE : +91 (40) 23310168, 23310552,
+91 (40) 23310561, 23310599
FAX : +91 (40) 23318366
E-MAIL : [email protected]
WEBSITE : www.deccancements.com
DCL:SECY:2026
Date:14.05.2026
BSE Limited
Corporate Relationship Department
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai - 400 001
Scrip Code: 502137
National Stock Exchange of India Limited
Listing Department
Exchange Plaza, Plot No. C/1, G Block
Bandra-Kurla Complex, Bandra (East)
Mumbai - 400 051
Trading Symbol: DECCANCE
Dear Sir,
Sub: Outcome of Board Meeting held on 14th May 2026.
We wish to inform that the Board of Directors of the Company at its meeting held today (i.e., 14th May 2026), inter alia, has considered and approved the following matters:
- To raise funds by issuance of Non-Convertible Debentures (NCDs), and Compulsorily Convertible Debentures (CCDs) aggregating upto an amount of Rs.660.00 Crores (Rupees Six Hundred and Sixty Crores only) to repay the outstanding term loans and related liabilities.
- To seek consent of the shareholders by way of Special Resolution through Postal Ballot for the issuance of Compulsorily Convertible Debentures (CCDs) upto an amount of Rs.103.00 Crores (Rupees One Hundred and Three Crores only), and in this regard approved the Calendar of Events, appointment of Scrutinizer, and other related matters in connection with the Postal Ballot Process.
The meeting of the Board of Directors commenced at 15:30 (IST) and concluded at 17:00 (IST).
Disclosures under Regulation 30 of the SEBI (LODR) Regulations, 2015, r/w SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated 11th July 2023 and updated utpo 30th January 2026 is attached in a separate sheet.
Thank you,
With regards,
For DECCAN CEMENTS LIMITED
BIKRAM
KESHARI PRUSTY
Bigically signed by BIKRAM
KESHARI PRUSTY
Date: 2026.05.14 17:07:28
+05'30'
Bikram Keshari Prusty
Company Secretary
DIVISION OF SYSTEM CERTIFICATION
ISO 9001 • ISO 14001
W01
Works : Bhavanipuram, Janpahad P.O., Pin:508 218. Suryapet Dist. (T.S.)
Phones : (08683) 229503, 229504, 229505, 229507, Fax : (08683) 229502
DECCAN CEMENTS LIMITED
CIN : L26942TG1979PLC002500
REGD OFFICE : 6-3-666/B,
"DECCAN CHAMBERS", SOMAJIGUDA,
HYDERABAD - 500 082,
PHONE : +91 (40) 23310168, 23310552,
+91 (40) 23310561, 23310599
FAX : +91 (40) 23318366
E-MAIL : [email protected]
WEBSITE : www.deccancements.com
Disclosures under Regulation 30 of the SEBI (LODR) Regulations, 2015, r/w SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated 11th July 2023, as updated utpo 30th January 2026.
| Type of Securities | Non-Convertible Debentures (NCDs) | Compulsorily Convertible Debentures (CCDs) |
|---|---|---|
| Type of Issuance | Private Placement | Private Placement |
| Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately) | Up to Rs.557.00 Crores | Up to Rs.103.00 Crores |
| Names of the investors | Yet to be finalized | 1) Neo Credit Opportunities Fund I |
| 2) Neo Special Credit Opportunities Fund | ||
| 3) Neo Special Credit Opportunities Fund II | ||
| 4) Neo Special Credit Opportunities Fund II A | ||
| 5) Neo Prime Fund | ||
| Post allotment of securities - outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors | Yet to be finalized | • Face Value and Issue Price of each CCD is Rs.715/- |
| • Conversion Ratio = 1:1 (Each CCDs shall be convertible into One Equity Share of face value of Rs.5 each at a premium of Rs.710/- per Equity Share). | ||
| • Conversion period: Anytime within a period of 18 months from the date of allotment of CCDs. | ||
| • No. of Investors: 5 (Five) | ||
| In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument | Not Applicable | Will be intimated at appropriate time as per the Regulations |
| Size of Issue | 557.00 Crores | 103.00 Crores |
| Whether proposed to be listed? | No | No |
| Tenure of the instrument – Date of allotment, and Date of maturity | • Door to Door Tenor of 72 Months from the date of allotment. | |
| • Will be allotted on or before 30th June 2026 or such other date as may be mutually agreed. | • Upto 18 Months from the date of allotment. | |
| • Will be allotted within a period of 15 days from the date of passing Special Resolution. | ||
| • Date of Maturity: Not Applicable, as the same will be compulsorily converted within a period of 18 months. |
BANKING SYSTEM CERTIFICATION
DNV
ISO 9001 = ISO 14001 ISO 45001
Works : Bhavanipuram, Janpahad P.O., Pin:508 218. Suryapet Dist. (T.S.)
Phones : (08683) 229503, 229504, 229505, 229507, Fax : (08683) 229502
DECCAN CEMENTS LIMITED
CIN : L26942TG1979PLC002500
REGD OFFICE : 6-3-666/B,
"DECCAN CHAMBERS", SOMAJIGUDA,
HYDERABAD - 500 082.
PHONE : +91 (40) 23310168, 23310552,
+91 (40) 23310561, 23310599
FAX : +91 (40) 23318366
E-MAIL : [email protected]
WEBSITE : www.deccancements.com
| Coupon/interest offered, schedule of payment of coupon/interest and principal | • Year-1: 8% p.a. payable monthly
• Year-2: 10% p.a. payable monthly
• Year-3 onwards: 12% p.a. payable monthly
• Applicable Redemption Premium | 6% p.a. payable monthly |
| --- | --- | --- |
| Charge/security, if any, created over the assets | • First charge by way of mortgage over Plant Land and all immovable fixed assets of DCL and its subsidiary
• First charge by way of mortgage over additional Land to the Total Extent of Ac 18-46 Cents purchased by the Company at Regupalem Village, Pothireddypallem Panchayat, Yellamanchili Mandal, Visakhapatnam, Andhra Pradesh
• First charge on movable assets of DCL and its subsidiary to the extent not given to working capital lenders by way of Deed of Hypothecation
• Second charge on all current assets of DCL and its subsidiary
• Charge on all other securities available to existing Term Debt lenders | Unsecured |
| Special right/ interest/ privileges attached to the instrument and changes thereof | Not Applicable | Not Applicable |
| Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal | As applicable | As Applicable |
| Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its | Not Applicable | Not Applicable |
DNV
ISO 9001 = ISO 14001 ISO 45001
Works : Bhavanipuram, Janpahad P.O., Pin:508 218. Suryapet Dist. (T.S.) Phones : (08683) 229503, 229504, 229505, 229507, Fax : (08683) 229502
CIN : L26942TG1979PLC002500
REGD OFFICE : 6-3-666/B,
"DECCAN CHAMBERS", SOMAJIGUDA,
HYDERABAD - 500 082,
PHONE : +91 (40) 23310168, 23310552,
+91 (40) 23310561, 23310599
FAX : +91 (40) 23318366
E-MAIL : [email protected]
WEBSITE : www.deccancements.com
DECCAN CEMENTS LIMITED
| comments thereon, if any | ||
|---|---|---|
| Details of redemption of Debentures | • Year 3: 10% in 4 equal quarterly instalments | |
| • Year 4: 20% in 4 equal quarterly instalments | ||
| • Year 5: 35% in 4 equal quarterly instalments | ||
| • Year 6: 35% in 4 equal quarterly instalments. | Not Applicable | |
| Any cancellation or termination of proposal for issuance of securities including reasons thereof | Not Applicable | Not Applicable |
DNV DISTRICT
DECEMBER 2001
ISO 9001 = ISO 14001 ISO 45001
Works : Bhavanipuram, Janpahad P.O., Pin:508 218. Suryapet Dist. (T.S.) Phones : (08683) 229503, 229504, 229505, 229507, Fax : (08683) 229502
DECCAN CEMENTS LIMITED
CIN : L26942TG1979PLC002500
REGD OFFICE : 6-3-666/B,
"DECCAN CHAMBERS", SOMAJIGUDA,
HYDERABAD - 500 082.
PHONE : +91 (40) 23310168, 23310552,
+91 (40) 23310561, 23310599
FAX : +91 (40) 23318366
E-MAIL : [email protected]
WEBSITE : www.deccancements.com
CALENDER OF EVENTS FOR THE POSTAL BALLOT
| Board Meeting Date | 14^{th} May 2026 |
|---|---|
| Relevant date as per the SEBI (ICDR) Regulations | 14^{th} May 2026 |
| Date of Appointment of Scrutinizer | 14^{th} May 2026 |
| Postal Ballot Notice Date | 14^{th} May 2026 |
| Cut-off Date for Postal Ballot Process | 8^{th} May 2026 |
| Date of Intimation to the Stock Exchanges-before sending Postal Ballot Notice to the Shareholders | 14^{th} May 2026 |
| Date of Sending Postal Ballot Notice | 14^{th} May 2026 |
| Date of Publication of Notice on Newspaper | 15^{th} May 2026 |
| Voting Start Date & Time | 15^{th} May 2026, Friday at 9:00 A.M. |
| Voting End Date & Time | 13^{th} June 2026, Saturday at 5:00 P.M. |
| Result Date | 14^{th} June 2026, Sunday |
DNV DISTRICT
Works : Bhavanipuram, Janpahad P.O., Pin:508 218. Suryapet Dist. (T.S.)
Phones : (08683) 229503, 229504, 229505, 229507, Fax : (08683) 229502